Rakesh Jhunjhunwala

Rakesh Jhunjhunwala News

Akasa Air to begin operations from July: All you need to know about Rakesh Jhunjhunwala-backed airline
Business

Akasa Air to begin operations from July: All you need to know about Rakesh Jhunjhunwala-backed airline

The airline, which aims to have a fleet of 72 Boeing 737 Max planes, was earlier scheduled for a launch in June

How Rakesh Jhunjhunwala built his new  whopping 70,000 square feet 13-floor home in Mumbai
Business

How Rakesh Jhunjhunwala built his new whopping 70,000 square feet 13-floor home in Mumbai

Each floor is well marked out in the building. While the fourth floor houses the banquet hall wherein the family can host large gatherings, the eighth floor has amenities like a gym and massage, the tenth floor has guest bedrooms and the 11th floor is for Jhunjhunwala's children

Metro Brands IPO opens today; retail portion subscribed 0.25 times
Business

Metro Brands IPO opens today; retail portion subscribed 0.25 times

The footwear brand company aims to raise 1,367.5 crore through the issue, which will be used to open new stores across the country under its Metro, Mochi, Crocs and Walkway brands

Star Health IPO opens for subscription today; check details here
India

Star Health IPO opens for subscription today; check details here

Through its maiden issue, Star Health and Alliance Insurance Company plans to raise Rs 7,247 crore

Star Health IPO opens tomorrow: All you need to about price band, fresh issue and other details
Business

Star Health IPO opens tomorrow: All you need to about price band, fresh issue and other details

With this IPO, Star Health is aiming to raise Rs 7,249.18 crore. The IPO consists of fresh issue of equity shares worth Rs 2,000 crore and an offer-for-sale (OFS) of up to 58,324,225 equity shares by promoters and shareholders

Rakesh Jhunjhunwala-backed Akasa Air inks $9 billion order with Boeing for 72 jets
Business

Rakesh Jhunjhunwala-backed Akasa Air inks $9 billion order with Boeing for 72 jets

Akasa was co-founded by Jhunjhunwala and former Jet Airways CEO Vinay Dube. Former Indigo president Aditya Ghosh is also on board of the airline

Akasa Airline gets NOC for aviation ministry: All you need to know about the Rakesh Jhunjhunwala-backed company
Business

Akasa Airline gets NOC for aviation ministry: All you need to know about the Rakesh Jhunjhunwala-backed company

The new airline is looking to start operations by the summer of 2022 and is planning to have 70 airplanes in four years

COVID-19 Lockdown: Rakesh Jhunjhunwala says he was a 'sure bull' until today, but now is a 'hopeful one'
Business

COVID-19 Lockdown: Rakesh Jhunjhunwala says he was a 'sure bull' until today, but now is a 'hopeful one'

Mumbai-based Jhunjhunwala who started trading in the stock market with Rs 5,000 and went on to become a billionaire, is a self-professed long-term India bull,

Rakesh Jhunjhunwala loses Rs 603 cr after Thursday’s market plunge erodes investor wealth of over Rs 11 lakh cr
Business

Rakesh Jhunjhunwala loses Rs 603 cr after Thursday’s market plunge erodes investor wealth of over Rs 11 lakh cr

Jhunjhunwala’s investment in Titan, based on the shareholding pattern in the company, stood at Rs 7,593 crore after the firm's profit rose 12.9 percent in the December quarter

Rakesh Jhunjhunwala summoned by SEBI for insider trading in Aptech; market regulator investigating role of family members too: Report
Business

Rakesh Jhunjhunwala summoned by SEBI for insider trading in Aptech; market regulator investigating role of family members too: Report

Jhunjhunwala manages his own equity portfolio as a partner in the asset management firm Rare Enterprises.

Yes Bank shares tumble 5% ahead of board meeting; lender to finalise, approve proposed capital infusion
Business

Yes Bank shares tumble 5% ahead of board meeting; lender to finalise, approve proposed capital infusion

Shares of Yes Bank on Tuesday declined by over 5 percent ahead of the board meeting later in the day to finalise and approve the proposed capital infusion

Yes Bank shares climb over 3% after eight investors evince interest to pump $2 bn into private sector lender
Business

Yes Bank shares climb over 3% after eight investors evince interest to pump $2 bn into private sector lender

Shares of Yes Bank on Monday climbed over 3 percent after the company said eight investors have evinced interest to pump $2 billion into the capital-starved private sector lender

Yes Bank founder Rana Kapoor, promoter entities now hold merely 900 shares in private sector lender; RBI finds bank under-reported bad loans
Business

Yes Bank founder Rana Kapoor, promoter entities now hold merely 900 shares in private sector lender; RBI finds bank under-reported bad loans

Yes Bank's founder Rana Kapoor and promoter entities YES Capital and Morgan Credits have sold their remaining 0.8 percent stake in private sector lender

Yes Bank shares zoom 9% after Rakesh Jhunjhunwala buys stake for Rs 87 cr through open market transactions
Business

Yes Bank shares zoom 9% after Rakesh Jhunjhunwala buys stake for Rs 87 cr through open market transactions

Shares of Yes Bank on Tuesday advanced nearly 9 percent after ace investor Rakesh Jhunjhunwala bought approximately 1.3 crore shares of the company for around Rs 87 crore through open market transactions

Rakesh Jhunjhunwala rues the poor haven't gained from four decades of bull run but warns against wealth tax
Business

Rakesh Jhunjhunwala rues the poor haven't gained from four decades of bull run but warns against wealth tax

In a departure from his earlier views, Rakesh Jhunjhunwala said the ruling BJP will not get a clear majority in the ongoing polls

Big Bull Rakesh Jhunjhunwala says time to keep some money off the Dalal Street; pooh-poohs startups success stories
Business

Big Bull Rakesh Jhunjhunwala says time to keep some money off the Dalal Street; pooh-poohs startups success stories

Jhunjunwala said he will also leave 5 percent of his fortune in fixed deposits for his two kids, which cannot be touched by them but can ensure easy survival even if they blow the rest of the fortune in gambling in Macau.

Big Bull Rakesh Jhunjhunwala says 2018 will be a year of consolidation for the markets
Business

Big Bull Rakesh Jhunjhunwala says 2018 will be a year of consolidation for the markets

Rakesh Jhunjhunwala believes post-repairs, ICICI Bank will log clean growth in FY 2020

Rakesh Jhunjhunwala's favourite stock Titan near record high; JP Morgan and Motilal Oswal bullish on Tata firm
Business

Rakesh Jhunjhunwala's favourite stock Titan near record high; JP Morgan and Motilal Oswal bullish on Tata firm

Rakesh Jhunjhunwala's one of favorites stocks Titan, where he holds more than 6.8 percent stake, was hovering at an all time high level at 974.50 per share

Fortis Healthcare demerger: Malaysia's IHH may table rival bid this week; minority shareholders might welcome offer
Business

Fortis Healthcare demerger: Malaysia's IHH may table rival bid this week; minority shareholders might welcome offer

Malaysian investment holding company IHH Healthcare Bhd could make a rival offer for Fortis Healthcare Ltd in the coming days, valuing the Indian company at as much as $1.3 billion

Fortis Healthcare demerger: Rakesh Jhunjhunwala questions deal with Manipal; will the sale process flounder?
Business

Fortis Healthcare demerger: Rakesh Jhunjhunwala questions deal with Manipal; will the sale process flounder?

Market investor Rakesh Jhunjhunwala has reportedly questioned the recent deal between Fortis Healthcare Ltd. (FHL) and TPG Capital-backed Manipal Hospitals